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Market Concentration in Europe : Evidence from Antitrust Markets
Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus; … - 2021
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level...
Persistent link: https://www.econbiz.de/10013249649
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Quantifying the EU-Japan Economic Partnership Agreement
Felbermayr, Gabriel J. - 2018
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model … reductions in the costs of NTBs. This approach yields long-run welfare effects for Japan of about 18 bn. USD per year (0.31% of …
Persistent link: https://www.econbiz.de/10012908655
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Use and Abuse of Antidumping by Global Cartels
Gnutzmann-Mkrtchyan, Arevik; Hoffstadt, Martin - 2021
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy for anticompetitive purposes remains an open question in the literature. To address this gap, we construct a novel dataset that matches cartel investigations with trade data at...
Persistent link: https://www.econbiz.de/10013314861
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The Sociology of Cartels
Haucap, Justus; Heldman, Christina - 2022
Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority focuses on firms as entities, even though cartels are...
Persistent link: https://www.econbiz.de/10014077191
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Asset price shocks, real expenditures, and financial structure: a multi-country analysis
Chirinko, Robert S.; de Haan, Leo; Sterken, Elmer - 2008
countries, Japan, and the United States to shocks in housing and equity prices. The effects are assessed with a Structural …
Persistent link: https://www.econbiz.de/10010274043
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Will stability last?
Martin, William; Rowthorn, Robert - 2004
the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …
Persistent link: https://www.econbiz.de/10010261075
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Fertility, mortality, and the developed worlds demographic transition
Fehr, Hans; Jokisch, Sabine; Kotlikoff, Laurence J. - 2004
.S., Japan, and the EU-15 – and incorporates age- and time-specific fertility and mortality rates, detailed fiscal institutions …
Persistent link: https://www.econbiz.de/10010261077
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Policy mix and debt sustainability : evidence from fiscal policy rules
Claeys, Peter - 2005
This paper characterises rules-based fiscal policy setting. Basically, we translate a standard monetary policy rule into a simple fiscal policy rule. We then infer on fiscal policymakers' reaction coefficients by testing the rule with GMM. Interaction is also tested directly by the inclusion of...
Persistent link: https://www.econbiz.de/10010261142
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EU banks rating assignments: Is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether 'old' and 'new' EU countries are rated differently and to determine whether 'new' ones are assigned lower ratings, ceteris paribus, than 'old' ones. We...
Persistent link: https://www.econbiz.de/10010270550
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Modernizing the European VAT
Cnossen, Sijbren - 2020
The harmonized European value-added tax (VAT) is anything but a modern consumption tax that taxes all goods and services at a uniform rate. As exemplified by an analysis of the Dutch version, some 60% of the base is exempted, that is, not taxed on output but on inputs. This has serious...
Persistent link: https://www.econbiz.de/10012834353